Cement News tagged under: international
Reopening of Ibeto Cement13 August 2007, Published under Cement NewsLast year, the Presidency, under Chief Olusegun Obasanjo, ordered the closure of Ibeto Cement in Port Harcourt. The accusation was that Ibeto was not manufacturing but instead was re-bagging cement. The closure order came at a time when some ship-loads of bulk cement were on their way to Nigeria for Ibeto Cement. But, recently, relief came the way of Ibeto Cement as President Umaru Musa Yar’Adua directed that the company’s plant be reopened. Locals have commended the action of the presid... |
Boral establishes Oklahoma aggregates presence13 August 2007, Published under Cement NewsBoral has acquired Schwartz Readymix and Davis Arbuckle Materials, both of Oklahoma City for a total of US$80m. The operations consist of 18 batching plants with an annual production of 0.57m m³ and a fleet of over 160 lorry-mixers as well as a limestone quarry and five sand pits with an annual production of 1.45m tonnes (1.6m short tons). Boral is a recent entrant into the US aggregates market, where it made its first acquisition, in Denver, in 2004. Including the latest deal, Boral now ... |
Overpass tests come up short13 August 2007, Published under Cement NewsExaminations being carried out on 135 overpasses in Quebec Province Canada can’t detect a flaw like the the one that caused the de la Concorde Blvd. overpass to collapse last September, a Transport Quebec director says. As a result of findings from the Johnson commission investigating the Laval overpass collapse, the province identified a number of structures that needed to be examined by engineers, and have banned heavy trucks on those structures until the analysis is completed. The... |
Gypsum Plant Finds No Backers in Al-Asyah13 August 2007, Published under Cement NewsAl-Asyah Municipality has rejected a proposal by the Al-Qasim Cement Company to build a new gypsum plant in the Al-Asyah area, Saudi Arabia saying that the proposed plant is too close to residential areas and may cause health problems to local residents. “We have voted unanimously against granting the company a license to build its gypsum plant for health and environmental reasons,” a source from Al-Asyah Municipal Council said. “The proposed factory is very close to residential areas an... |
Readymix H1 pretax profit halved, hurt by tighter trading conditions10 August 2007, Published under Cement NewsIrish cement maker Readymix PLC today blamed the sharp fall in first-half profits on tighter trading conditions across all of its markets. Pretax profit for the six months to June 30 halved to EUR16.34m from EUR32.31m for the same period last year. Revenue remained flat at EUR119m. Readymix reported a positive net cash position of EUR24m as of June 30. But the company said substantial progress has been made in changing and renewing the group’s internal processes and systems, which... |
Votorantim in R$1.7bn investments spree10 August 2007, Published under Cement NewsVotorantim Cimentos announced plans to set up eight new cement manufacturing units in Brazil, the resumption of a defunct plant at Goias and the modernisation and expansion of other two plants. It would also set up five plants of plaster. The overall investments over the next three years are estimated at R$1.7bn, says Walter Schalka, pointing the national cement demand has reached a new upward cycle in 2005 and should have a sustained 6% - 8% annual growth over the next five years. Votoranti... |
Working with tigers, Sri Lanka10 August 2007, Published under Cement NewsThe future of Jafna’s disused Kankesanturai cement works in the beleaguered north east province of Sri Lanka, a region under partial control of the breakaway Tamil separatists for the past 25 years, is once again in the news following soundings by the Sri Lankan authorities that this strategically sited plant, complete with some 150Mt of limestone could serve as a vital economic regeneration project, should the plant be rehabilitated and put back into full service. Earlier, Maninal Fernand... |
Turkish Limak to invest US$24m in cement plant10 August 2007, Published under Cement NewsTurkish industrial holding company Limak will invest TRY30m (US$24m) in the construction of a cement plant in Bitlis, eastern Turkey, company CEO Nihat Ozdemir said. The plant will have an annual production capacity of 300,000t of cement and will employ some 80 staff. Its construction is scheduled to be completed in May 2008. Limak which is also active in the construction, tourism and energy sector, owns cement producers Limak Kurtalan Cimento and Gaziantep Cimento. |
Saurashtra Cement says insurance to cover suspended manufacturing10 August 2007, Published under Cement NewsSaurashtra Cement Ltd says insurance will cover the costs of suspending operations at its manufacturing plant in Gujarat due to flooding. Saurashtra said its manufacturing facilities at Ranavav, Porbandar, Gujarat were temporarily suspended from heavy rains and water logging around the plant area. All efforts were being made to restore operations to normal. The company said its industrial all risks insurance policy would adequately cover the costs. |
July cement sales climb 7.6% on building boom10 August 2007, Published under Cement NewsCement sales in the Southern African Customs Union rose 7,6% in July as Murray & Roberts Holdings and other builders accelerated work on roads and other infrastructure needed for the 2010 Fifa World Cup. Sales in South Africa, Lesotho, Botswana, Namibia and Swaziland rose to 1,38m metric tons from 1.2Mt a year earlier, Cement & Concrete Institute Marketing Manager John Sheath said in an interview yesterday. Government has awarded more contracts for roads, stadiums and rail projects needed ... |